Flag Portugal / Slovakia Flag

2021
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Exports
: $481M, Rnk 23 / 210

2021
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Top Product
: $75.5M, Revolution Counters

2021
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Exports
: $281M, Rnk 37 / 197

2021
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Top Product
: $83M, Cars

2021
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Economic Complexity (ECI)
: ECI 0.56, Rnk 43 / 131

2021
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Economic Complexity (ECI)
: ECI 1.31, Rnk 16 / 131

2021
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GDP
: $250B, CURRENT US$
Rnk 47 / 182

2011-2021
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GDP GROWTH
: 1.95%, CURRENT US$
Rnk 145 / 182

2021
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 GDP
: $115B, CURRENT US$
Rnk 57 / 182

2011-2021
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GDP GROWTH
: 15.5%, CURRENT US$
Rnk 114 / 182

2021
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GDP PC 
: $24,262, CURRENT US$
Rnk 37 / 182

2011-2021
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GDP PC GROWTH
: 4.5%, CURRENT US$
Rnk 115 / 182

2021
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GDP PC
: $21,088, CURRENT US$
Rnk 42 / 182

2011-2021
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GDP PC GROWTH
: 14.4%, CURRENT US$
Rnk 88 / 182

Portugal-Slovakia In 2021, Portugal exported $481M to Slovakia. The main products that Portugal exported to Slovakia are Revolution Counters ($75.5M), Seats ($75.1M), and Motor vehicles; parts and accessories (8701 to 8705) ($59.8M). During the last 26 years the exports of Portugal to Slovakia have increased at an annualized rate of 15.7%, from $11M in 1995 to $481M in 2021.

In 2020, Portugal exported services to Slovakia worth $6.85M, with Travel ($6.85M) being the largest in terms of value.

Slovakia-Portugal In 2021, Slovakia exported $281M to Portugal. The main products that Slovakia exported to Portugal were Cars ($83M), Video Displays ($37.4M), and Motor vehicles; parts and accessories (8701 to 8705) ($27.9M). During the last 26 years the exports of Slovakia to Portugal have increased at an annualized rate of 13.6%, from $10.3M in 1995 to $281M in 2021.

In 2020, Slovakia exported services to Portugal worth $17.9M, with Other business services ($8.57M), Transportation ($4.45M), and Travel ($2.28M) being the largest in terms of value.

Comparison In 2021,  Portugal ranked 43 in the Economic Complexity Index (ECI 0.56), and 46 in total exports ($75.6B). That same year, Slovakia ranked 16 in the Economic Complexity Index (ECI 1.31), and 38 in total exports ($104B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Portugal exported $481M to Slovakia. The main products exported from Portugal to Slovakia were Revolution Counters ($75.5M), Seats ($75.1M), and Motor vehicles; parts and accessories (8701 to 8705) ($59.8M). During the last 26 years the exports of Portugal to Slovakia have increased at an annualized rate of 15.7%, from $11M in 1995 to $481M in 2021.

In 2021, Slovakia exported $281M to Portugal. The main products exported from Slovakia to Portugal were Cars ($83M), Video Displays ($37.4M), and Motor vehicles; parts and accessories (8701 to 8705) ($27.9M). During the last 26 years the exports of Slovakia to Portugal have increased at an annualized rate of 13.6%, from $10.3M in 1995 to $281M in 2021.

Market Competitiveness

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Color

Portugal
Top Destination
: Spain, $19.3B

Slovakia
Top Destination
: Germany, $21.8B

This map shows whether countries import more from Portugal or Slovakia. Each country is colored based on the difference in imports they receive from Portugal and Slovakia or the difference in the growth in imports.

In 2021, countries that imported more from Portugal than Slovakia were Spain ($19.3B), France ($9.33B), and Angola ($1.19B).

In 2021, countries that imported more from Slovakia than Portugal were Germany ($21.8B), Czechia ($11.6B), and Poland ($8.47B).

Comparative Advantage Portugal - Slovakia

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Flow
Scale

This chart compares trade between Portugal and Slovakia by product, considering products traded by both, Portugal and Slovakia.

During 2021, Portugal had a large net trade with Slovakia in the exports of Machines ($99.1M), Transportation ($95.3M), and Instruments ($76.7M).

During 2021, Slovakia had a large net trade with Portugal in the exports of Transportation ($111M), Machines ($82.1M), and Metals ($26.4M).

Bilateral Service Trade

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In 2020, Portugal exported services to Slovakia worth $6.85M, with Travel ($6.85M) being the largest in terms of value.

In 2020, Slovakia exported services to Portugal worth $17.9M, with Other business services ($8.57M), Transportation ($4.45M), and Travel ($2.28M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Portugal has comparative advantage over Slovakia. Similarly, the more yellow a dot/product is, the more Slovakia has comparative advantage over Portugal.